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Taiwan's ASE evaluates how it will support Nvidia's $500 billion US plan
Taiwan's ASE evaluates how it will support Nvidia's $500 billion US plan

Time of India

time30-04-2025

  • Business
  • Time of India

Taiwan's ASE evaluates how it will support Nvidia's $500 billion US plan

Taiwan's ASE Technology Holding Co. has yet to decide how it will support a plan by Nvidia to build artificial intelligence servers worth as much as $500 billion in the US over the next four years, it said on Wednesday. #Pahalgam Terrorist Attack PM Modi-led 'Super Cabinet' reviews J&K security arrangements Pakistan's General Asim Munir is itching for a fight. Are his soldiers willing? India planning to launch military strike against Pakistan within 24 to 36 hours, claims Pak minister The company, the world's largest chip packaging and testing provider, is still evaluating an invitation from a customer to invest in the US and has yet to decide on the investment size or timing, its Chief Financial Officer Joseph Tung told an earnings call. He did not name the customer but the company later confirmed to Reuters that he was talking about a plan announced by AI chip giant Nvidia made public earlier this month to expand production in the U.S., with the help of partners including ASE subsidiary Siliconware Precision Industries. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Access all TV channels anywhere, anytime Techno Mag Undo Analysts have questioned whether the sum of $500 billion is realistic, given difficulties suppliers may have in moving production. Nvidia did not immediately respond to a request for comment. Live Events The customer had invited ASE to "evaluate the possibility of having some operations to support their business in the US," Tung said. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories "Currently we are engaging in discussion and are evaluating opportunities with interest. There are no further details so far in terms of the actual investment size or the timing of it. But any decision that we will eventually make will be made with economic viability." When asked by analysts about what kind of product would be considered, Tung he said it would be an extension of what the company offers in Taiwan. Siliconware Precision Industries, which carries out chip packaging for Nvidia, has no manufacturing presence in the US. Another ASE subsidiary, ISE Labs, has two testing factories in California.

Taiwan's ASE evaluates how it will support Nvidia's $500 bln US plan
Taiwan's ASE evaluates how it will support Nvidia's $500 bln US plan

Time of India

time30-04-2025

  • Business
  • Time of India

Taiwan's ASE evaluates how it will support Nvidia's $500 bln US plan

By Wen-Yee Lee and Ben Blanchard TAIPEI: Taiwan's ASE Technology Holding Co. has yet to decide how it will support a plan by Nvidia to build artificial intelligence servers worth as much as $500 billion in the U.S. over the next four years, it said on Wednesday. The company, the world's largest chip packaging and testing provider, is still evaluating an invitation from a customer to invest in the U.S. and has yet to decide on the investment size or timing, its Chief Financial Officer Joseph Tung told an earnings call. He did not name the customer but the company later confirmed to Reuters that he was talking about a plan announced by AI chip giant Nvidia made public earlier this month to expand production in the U.S., with the help of partners including ASE subsidiary Siliconware Precision Industries. Analysts have questioned whether the sum of $500 billion is realistic, given difficulties suppliers may have in moving production. Nvidia did not immediately respond to a request for comment. The customer had invited ASE to "evaluate the possibility of having some operations to support their business in the U.S," Tung said. "Currently we are engaging in discussion and are evaluating opportunities with interest. There are no further details so far in terms of the actual investment size or the timing of it. But any decision that we will eventually make will be made with economic viability." When asked by analysts about what kind of product would be considered, Tung he said it would be an extension of what the company offers in Taiwan. Siliconware Precision Industries, which carries out chip packaging for Nvidia, has no manufacturing presence in the U.S. Another ASE subsidiary, ISE Labs, has two testing factories in California.

Taiwan's ASE: evaluating how it will support Nvidia's $500 billion US plan
Taiwan's ASE: evaluating how it will support Nvidia's $500 billion US plan

CNA

time30-04-2025

  • Business
  • CNA

Taiwan's ASE: evaluating how it will support Nvidia's $500 billion US plan

TAIPEI :Taiwan's ASE Technology Holding Co. has yet to decide how it will support a plan by Nvidia to build artificial intelligence servers worth as much as $500 billion in the U.S. over the next four years, it said on Wednesday. The company, the world's largest chip packaging and testing provider, is still evaluating an invitation from a customer to invest in the U.S. and has yet to decide on the investment size or timing, its Chief Financial Officer Joseph Tung told an earnings call. He did not name the customer but the company later confirmed to Reuters that he was talking about a plan announced by AI chip giant Nvidia made public earlier this month to expand production in the U.S., with the help of partners including ASE subsidiary Siliconware Precision Industries. Analysts have questioned whether the sum of $500 billion is realistic, given difficulties suppliers may have in moving production. Nvidia declined to comment. The customer had invited ASE to "evaluate the possibility of having some operations to support their business in the U.S," Tung said. "Currently we are engaging in discussion and are evaluating opportunities with interest. There are no further details so far in terms of the actual investment size or the timing of it. But any decision that we will eventually make will be made with economic viability." When asked by analysts about what kind of product would be considered, Tung he said it would be an extension of what the company offers in Taiwan. Siliconware Precision Industries, which carries out chip packaging for Nvidia, has no manufacturing presence in the U.S. Another ASE subsidiary, ISE Labs, has two testing factories in California.

Taiwan's ASE evaluates how it will support Nvidia's $500 billion US plan
Taiwan's ASE evaluates how it will support Nvidia's $500 billion US plan

CNA

time30-04-2025

  • Business
  • CNA

Taiwan's ASE evaluates how it will support Nvidia's $500 billion US plan

TAIPEI :Taiwan's ASE Technology Holding Co. has yet to decide how it will support a plan by Nvidia to build artificial intelligence servers worth as much as $500 billion in the U.S. over the next four years, it said on Wednesday. The company, the world's largest chip packaging and testing provider, is still evaluating an invitation from a customer to invest in the U.S. and has yet to decide on the investment size or timing, its Chief Financial Officer Joseph Tung told an earnings call. He did not name the customer but the company later confirmed to Reuters that he was talking about a plan announced by AI chip giant Nvidia made public earlier this month to expand production in the U.S., with the help of partners including ASE subsidiary Siliconware Precision Industries. Analysts have questioned whether the sum of $500 billion is realistic, given difficulties suppliers may have in moving production. Nvidia did not immediately respond to a request for comment. The customer had invited ASE to "evaluate the possibility of having some operations to support their business in the U.S," Tung said. "Currently we are engaging in discussion and are evaluating opportunities with interest. There are no further details so far in terms of the actual investment size or the timing of it. But any decision that we will eventually make will be made with economic viability." When asked by analysts about what kind of product would be considered, Tung he said it would be an extension of what the company offers in Taiwan. Siliconware Precision Industries, which carries out chip packaging for Nvidia, has no manufacturing presence in the U.S. Another ASE subsidiary, ISE Labs, has two testing factories in California.

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